Loans and Advances

Purpose for Buying Vehicles

Purchase of New  Four/Two wheeler, Three wheeler, and Commercial vehicles

Who can Eligible

1.      Salaried employees, Businessmen, professional self employed,

2.      And Commercial Vehicle for business purpose.

Loan Amount

75 % to 85 % of Basic Price of vehicles

Margin

25 % to 15 %

Used vehicle up to three years- 50 % of Valuation

Repayment Period

Two Wheeler, Three Wheeler – Maximum 36 months
Four Wheeler – Maximum 60 months.

Processing fee

NIL

Guarantee

Two/Three guarantor Required 

Security

Hypothecation of Vehicles

Agreement /Stamp Duty Charges

0.25% of Sanction Loan Limit or Minimum Rs. 200/- (applicable as per Govt. rules and regulations)

Inspection Charges

Two Vehicle : Rs. 100/- One Time
Four Vehicle : Rs. 200/- One Time

Share Linking

2.5% of Sanction loan amount

For Nominal Member

Nominal membership fees – Rs.5/-
Deposit Amount – Rs.500/-

Foreclosure charges on the outstanding loan amount

Minimum 3 months Interest

Purpose

Business  and Social purpose etc.

Who can Eligible

The applicant must be true owner of the
gold ornaments to be pledged with the Bank

Loan Amount

60% to 75% of  Valuations and Maximum
Limit of Rs. 200000/-

Margin

40% to 25 of  Gold Ornaments

Repayment Period

 Within 12 months ( Bullet Payments
mode )

Share linking

 Nil

Security

Gold Ornaments

Guarantee

No guarantor

Agreement charges/Process Charges

0.25% of Sanction Loan Limit Minimum Rs.
200/-

Valuation Fee

Up to Rs. 50,000/- : Rs. 200/-

 

Above Rs. 50,000/- : Rs. 300/-

Foreclosure charges on   the outstanding loan      amount

Minimum 3 months interest

Purpose

Purchase of flat, Tenements, Bungalow and   construction of houses

Who can Eligible

 Salaried employees, Businessmen, professional self employed,

Loan Amount

60 % to 75% of marketable value or Estimate of Construction – Maximum Rs. 30/- Lakhs

Margin

40% to 25%

Repayment Period

Maximum 180 months

Guarantee

Two/Three guarantor possessing property and also Income tax-payer

Security

Mortgage of property

Purpose

Purchase of flat, Tenements, Bungalow and   construction of houses

Who can Eligible

 Salaried employees, Businessmen, professional self employed,

Loan Amount

60 % to 75% of marketable value or Estimate of Construction – Maximum Rs. 30/- Lakhs

Margin

40% to 25%

Repayment Period

Maximum 180 months

Guarantee

Two/Three guarantor possessing property and also Income tax-payer

Security

Mortgage of property

Legal Opinion Charges(TC)

Upto Rs.5.00lacs

Rs.5.00 lacs to Rs.10.00 lacs

Rs.10.00 lacs to Rs.25.00 lacs

Rs.25.00 lacs to Rs.50.00 lacs

Above Rs.50.00 lacs

Rs. 1000/-

Rs. 2000/-

Rs. 3000/-

Rs. 5000/-

Rs. 7500/-

Valuation Charges

Upto Rs.10.00 lacs

Rs.10.00 lacs to Rs.25.00 lacs

Rs.25.00 lacs to Rs.50.00 lacs

Above Rs.50.00 lacs

Rs. 1000/-

Rs. 2000/-

Rs. 3000/-

Rs. 5000/-

Share Linking

2.5% of loan amount

Agreement Charges/Stamp Duty

0.35% of Sanction Limit & Registration & others fees applicable as per Govt. rules.

Foreclosure Charges on the Outstanding Loan Amount

Minimum 6 months interest

Purpose

Business  and Social purpose etc.

Who can Eligible

Fixed Deposits Holders or NSC/KVP Holsters

Loan Amount

85% of Bank own Fixed Deposit, MIP Deposit and 60 to 75% of KVP / NSC Certificate.

Margin

15% of  Bank own Fixed Deposit ,MIP Deposit and 40% 25 % of KVP / NSC Certificate

Repayment Period

Till maturity  Date of  Fixed Deposit, MIP Deposits or KVP / NSC certificate

Share linking

 Nil

Security

Pledge of particular Security of  FDR/MIP/NSC/KVP

Agreement Charges

Mini. Rs. 100/- or 0.25% of Loan Amount per agreement in case of KVP / NSC Certificate

Purpose

Purchase of new machineries /equipments

Who can Eligible

Businessmen , Small Industrialist, Professionals etc.

Loan Amount

75% to 85 % of quotation of Machineries

Margin

25% to 15% of quotation of Machineries

Repayment Period

Maximum 60 months

Share linking

2.5% of the loan amount sanctioned

Guarantee

Two/Three guarantor Required  

Security

Hypothecation of Machineries

Processing fee

NIL

Agreement /Stamp Duty Charges

0.25% of Sanction Loan Limit or Minimum Rs. 200/- (applicable as per Govt. rules and regulations)

For Nominal Member

Nominal membership fees – Rs.5/-
Deposit Amount – Rs.500/-

Purpose

Purchase of new T.V., Freez, A/C., Washing Machine, Laptop, Computer etc.Home Appliance

Who can Eligible

 Salaried employees, Businessmen, professional self employed,

Loan Amount

75% of Quotation Price of Goods

Margin

25 of  Quotation Price

Repayment Period

Maximum 30 months

Share linking

 2.5 % of the loan amount sanctioned.

Guarantee

Two/Three guarantor Required  

Security

Hypothicatioin of particular Goods.

Processing fee

NIL

Agreement /Stamp Duty Charges

0.25% of Sanction Loan Limit or Minimum Rs. 200/- (applicable as per Govt. rules and regulations)

For Nominal Member

Nominal membership fees – Rs.5/-
Deposit Amount – Rs.500/-

Purpose

Working Capital of Business

Who can Eligible

Businessman  , Traders , Manufacturers

Loan Amount

50%  to 70 % of  Stock or 20 % of Annual Sales Turnover

Margin

50% to 30 Stock

Repayment Period

Renew of the limit every year.

Guarantee

Two/Three guarantor Required  

Security

Hypothecation of Goods and collateral security in Form of mortgage of immovable property

Agreement charges/Stamp Duty

0.25% or 0.35% of Sanction Limit & Registration and other fees applicable as per Govt. rules.

Inspection Charges/Visit Fee

Rs. 250/- Quarterly

Share Linking

2.5% of Loan Amount

Stock Statement Late submission Charges

Rs. 100/- per month

Purpose

Business  and Social purpose etc.

Who can Eligible

The applicant must be true owner of the gold ornaments to be pledged with the Bank

Loan Amount

60% to 75% of  Valuations and Maximum Limit of Rs. 200000/-

Margin

40% to 25 of  Gold Ornaments

Repayment Period

 Within 12 months ( Bullet Payments mode )

Share linking

 Nil

Security

Gold Ornaments

Guarantee

No guarantor

Agreement charges/Process Charges

0.25% of Sanction Loan Limit Minimum Rs. 200/-

Valuation Fee

Up to Rs. 50,000/- : Rs. 200/-

 

Above Rs. 50,000/- : Rs. 300/-

Foreclosure charges on the outstanding loan

Minimum 3 months interest

Loan Interest Rate As on :- 01/06/2022

ધિરાણ નો પ્રકાર                    વ્યાજ દર ધિરાણ નો પ્રકાર                વ્યાજ દર
કેશ-ક્રેડિટ (જાત-જામીન)                 CC ૧૫ % હાઇપોથિકેશન / મકાન સામે ઓવરડ્રાફ્ટ      HYOP
મશીનરી સામે ૬૦ હપ્તા સુધી            ML ૧૧ % રૂ.૧૦ લાખ સુધી                   HY / OP ૧૧ %
સોના ના દાગીના સામે                   GO ૧૦ % રૂ.૧૦,૦૦,૦૦૧ થી ૩૦ લાખ       HY / OP ૧૦.૫૦ %
ગર્વ.સિક્યુરિટી NSC/KVP સામે up to ૭૫%  NS ૧૦ % રૂ.૩૦,૦૦,૦૦૧ થી ૫૦ લાખ       HY / OP ૧૦ %
આપણી બેન્ક ની FD સામે up to ૯૦%  FO FD% + ૧% રૂ.૫૦,૦૦,૦૦૧ થી  ઉપર          HY / OP ૯.૫૦ %
સિટી ટ્રેડ લોન                           CT   . ઘરવાપરાસ લોન                     HL/HF   .
àવાર્ષિક ટર્નઓવર ના ૨૦% / મિલકત વેલ્યુ ના ૭૦% જે ઓછું હોય તે મુજબ લિમિટ àલિમિટ મુજબ વાર્ષિક જે વ્યાજ થાય તેના મિનિમમ ૬૦ % વ્યાજ લાગુ પડસે  ઘરવપરાસ   રેગ્યુલર                    HL ૧૨ %
રૂ.૨૫,૦૦,૦૦૦ થી ૫૦ લાખ            CT ૯.૩ % ઘરવપરાસ-ફિક્સ રેટ ૫૦૦૦૦ સુધી        HF ૧૧%
રૂ.૫૦,૦૦,૦૦૧ થી ૭૫ લાખ            CT ૮.૯ % ઘરવપરાસ-ફિક્સ રેટ ૫૦૦૦૦ થી ઉપર    HF ૧૦%
રૂ.૭૫,૦૦,૦૦૧ થી ઉપર                CT ૮.૫ %
મકાન મોર્ગેજ લોન                     PL   .     FP   . નવા મકાન સામે લોન   (બાંધકામ/ખરીદવા/રિનોવેશન )
રૂ.૧૦ લાખ સુધી ૧૪% ૧૧% રેગ્યુલર વ્યાજ દર                        BL ૧૦ %
રૂ.૧૦ લાખ થી ૩૦ લાખ સુધી ૧૩% ૧૦% ફિક્સ વ્યાજ દર                          BF ૮.૫ %
રૂ.૩૦ લાખ થી ઉપર ૧૧% ૯% નિયમિત હપ્તા (શરતો ને આધીન) ભરનાર ખાતેદાર ને વ્યાજ માં રાહત ૦.૫ %
વ્હીકલ ધિરાણ   રેગ્યુલર                           VL  .  વ્હીકલ ધિરાણ    ફિક્સ વ્યાજ દર          VF   .
ટુ વ્હીલર ૩૬ હપ્તેથી                     VL ૧૨ % ટુ વ્હીલર ૩૬ હપ્તેથી                     VF ૧૦.૫૦ %
ફોર વ્હીલર મહત્તમ ૬૦ હપ્તા સુધી       VL ૯ % ફોર વ્હીલર  ૮ લાખ સુધી                VF ૮.૫  %
ત્રણ વર્ષ જૂના ફોર વ્હીલર ૩૬ હપ્તા     VL ૧૨ % ફોર વ્હીલર  ૮ લાખ થી ઉપર            VF ૮.૦  %
કોમર્શિયલ વ્હીકલ મહત્તમ ૬૦ હપ્તા     VL ૧૦ % નિયમિત હપ્તા (શરતો ને આધીન) ભરનાર ખાતેદાર ને વ્યાજ માં રાહત ૦.૫ %